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Listed by Brandon G O'Bryon • O'Bryon Realty
$ 735,000
Est. payment /mo
Active
712 S 24th Manitowoc, WI 54220
33,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 33,000 sqft
Price per Sqft $22
MLS Listing ID 1961674
Year Built 1926
Tax Year 2026
Lot Size 1.300 Acres
Acres 1.3
Property Description
Incredible redevelopment opportunity for workforce housing in the heart of Manitowoc. City Hall is looking to work with you as you meet this community's pressing need for affordable housing. The solid school building contains 12 rooms each with approximately 900 sq. ft. ready for conversion into a mix of studio, one-bed, and two-bed units. Also, a lower level could provide additional garden terrace units. The church building offers flex space for an indoor pickleball court, gym, venue, daycare, temperature-controlled storage, or your idea. The attached 5 br, 4.5 ba, and 2 car gar home provides instant housing or cash flow during redevelopment. Where else can you find 22-25 workforce housing units for $75k-$85k per unit and significant monthly revenue after redevelopment?
Location
State WI
County Manitowoc
Zoning B-1
Rooms
Basement Full, Poured Concrete
Interior
Heating Hot Water/Steam, Natural Gas
Cooling Hot Water/Steam, Natural Gas
Flooring No
Exterior
Exterior Feature Low Maintenance Trim, Stone
Garage Spaces 40.0
Roof Type Composition,Rubber
Building
Water Municipal Sewer, Municipal Water
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